Siam Cement Group Sustainability and Innovation

Siam Cement Group is a leader in sustainability and innovation. The company has made significant efforts to reduce its environmental impact, with a goal of achieving net-zero emissions by 2050.

One way Siam Cement Group is working towards this goal is by investing in renewable energy sources, such as solar and wind power. This is evident in its commitment to using 100% renewable energy by 2025.

The company's focus on innovation is also evident in its research and development efforts, with a team of over 100 scientists and engineers working on new products and technologies. This includes the development of a new type of cement that is more environmentally friendly than traditional cement.

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At Siam Cement Group, sustainability efforts are a top priority. They're working to improve the eco-efficiency of their operations by implementing circular economy practices.

One key aspect of their approach is biodiversity conservation. By protecting and preserving natural habitats, they're helping to maintain the health of ecosystems and the planet as a whole.

Water resource restoration is also a crucial part of their strategy. This involves revitalizing and protecting water sources to ensure a sustainable supply for future generations.

Forest and ecosystem restoration are also vital components of their sustainability efforts. By replanting and rehabilitating damaged or degraded ecosystems, they're helping to combat climate change and preserve biodiversity.

Adapting to physical risks is another important aspect of their approach. By taking proactive steps to mitigate the impacts of natural disasters and other hazards, they're helping to protect people and the environment.

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Siam Cement Group is a leader in research and development, with a focus on creating innovative products and services. In 2016, R&D spending was one percent of sales, but value-added products contributed more than 35 percent of sales.

They have a dedicated company, Siam Research and Innovation Company Limited, which conducts research and development of new products and services related to cement, mortar, concrete, building materials, 3D printing, prefabrication, recycled aggregate, and refractory.

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SCG Chemicals has made significant investments in developing plastic and polymer technology, acquiring 51 percent of Norner in 2014. This acquisition has helped them stay ahead in the industry.

The company's commitment to innovation has paid off, with SCG receiving the "Asia IP Elite 2016" award for the third consecutive year in 2017. This award is given by Intellectual Asset Management (IAM), a leading magazine in strategic management of intellectual property.

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The Siam Cement Group is a big supporter of sports events in Thailand and Southeast Asia, sponsoring football, badminton, and golf events.

They're also a manufacturing company based in Bangkok, with a rich history dating back to 1913. This makes them a part of the manufacturing companies established in 1913.

One notable aspect of their involvement is their partnership with the royal family, as they are a Thai Royal Warrant holder. This means they've been recognized for their high-quality products and services.

Here's a list of some of the sports they sponsor:

As a company that's been around for over a century, they've had the opportunity to establish themselves as a leader in the manufacturing industry. They're also listed on the Stock Exchange of Thailand, which shows their commitment to transparency and accountability.

Their involvement in sports and community events is just one aspect of their community engagement efforts.

Siam Cement Group, one of Thailand's largest and most successful companies, has made significant strides in recent years.

The company has been actively expanding its operations in Southeast Asia, with a focus on emerging markets such as Vietnam and Cambodia.

In 2020, Siam Cement Group acquired a 40% stake in Vietnam's largest cement producer, Vicem, for $290 million.

This strategic move has enabled the company to tap into Vietnam's growing demand for cement and expand its presence in the region.

Siam Cement Group has also been investing heavily in sustainable practices, with a goal of reducing its carbon footprint by 50% by 2030.

The company has implemented various initiatives, including the use of renewable energy sources and the development of more efficient production processes.

By doing so, Siam Cement Group is not only reducing its environmental impact but also improving its bottom line.